Ninety One UK Ltd Reduces Stock Holdings in Aercap Holdings N.V. $AER

Ninety One UK Ltd reduced its position in shares of Aercap Holdings N.V. (NYSE:AER) by 0.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,772,209 shares of the financial services provider’s stock after selling 22,716 shares during the quarter. Ninety One UK Ltd’s holdings in Aercap were worth $335,437,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AER. Fiduciary Alliance LLC boosted its holdings in Aercap by 0.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock valued at $2,727,000 after purchasing an additional 93 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after buying an additional 94 shares during the period. Lido Advisors LLC lifted its holdings in Aercap by 3.9% in the second quarter. Lido Advisors LLC now owns 2,626 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 99 shares during the last quarter. Citizens National Bank Trust Department grew its position in Aercap by 0.8% in the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock worth $1,634,000 after acquiring an additional 104 shares during the period. Finally, Snowden Capital Advisors LLC grew its position in Aercap by 3.0% in the second quarter. Snowden Capital Advisors LLC now owns 3,622 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 105 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on AER shares. Cowen restated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Bank of America raised their price objective on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Susquehanna upped their target price on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Barclays increased their target price on shares of Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $146.29.

Aercap Price Performance

AER opened at $143.68 on Thursday. The stock’s 50-day moving average price is $135.99 and its 200 day moving average price is $124.03. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $146.67. The firm has a market cap of $26.84 billion, a price-to-earnings ratio of 6.81, a PEG ratio of 0.76 and a beta of 1.13. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, sell-side analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 12th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio is presently 5.12%.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.